5,104m² Commercial in Arcadia, Pretoria For Sale for R 16,000,000 #A00000182

Property Details

Opportunity for developers in Pretoria CBD/Arcadia node.

Major development is happening in this area: Retail, Residential, Sports Complexes. Easy access to hospitals and various educational institutions.

This fully tenanted commercial investment property consists of the following:

Commercial & Retail - approx 4000m2:

Industrial Yard

Multiple Goods Stores

Large Retail Showroom & Commercial Outlet

Management Office Block

3 x Smaller Retail Shops

Residential - approx 2500m2:

21 x 1 bedroom Flats

- Living room

- Bedroom

- Kitchen

- Bathroom

5 x 2 bedroom Flats

- Living room

- Bedroom x 2

- Kitchen

- Bathroom

1 x Caretaker Office

- Living room

- Bedroom

- Kitchen

- Bathroom

6 x Single bedroom flats converted into 1 x Floor of Offices (let in full to commercial tenant)

- Offices

- Bathrooms

Redevelopment opportunity exists on residential building to convert into higher density for student residence or maintain as residential flats.

Total available bulk on property is 12 000m2. Only 6500m2 currently on property.

This property spans an entire block with entrance and exit off both Stanza Bopape & Madiba streets.

Current gross monthly rental income approximately R250 000.

Speak to me now about this commercial opportunity.

A00000182

Property Features

  • Property Type Commercial
  • Building Size 6,500m²
  • Stand Size 5,104m²

Associated Costs

  • Rates & Taxes ± 22700

Location

Enquiry

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